Insurers, Owners of Seized Ship Reach Agreement in Principle with Suez Canal Authority June 23, 2021 ISMAILIA, Egypt – A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal...
People Moves: Howden Australia Hires 3 from Marsh; Strategic Risk Solutions Appoints Schons in Luxembourg; Quinn Promoted at Liberty Specialty June 22, 2021 These international People Moves include recent appointments at Howden Australia, which hired three people from Marsh; a new hire at...
Europe’s Insurers Expect Robust M&A Activity and Strong Earnings in 2021: Moody’s June 22, 2021 Europe’s insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along with...
Budweiser Insurance, Eh? Beer Maker Taps Into Canadians’ Love for BBQs June 22, 2021 The “king of beers”—Budweiser— is venturing into the Canadian insurance industry with the launch of Budweiser Insurance. The major brand...
BHSI Launches Energy & Technical Lines Casualty Products in UK with Dedicated Team June 22, 2021 Berkshire Hathaway Specialty Insurance (BHSI) announced it has launched Energy and Technical Lines Casualty products in the UK and established...
Accenture Invests in Swiss Digital Payments Company Imburse June 22, 2021 Accenture has invested in Imburse, a cloud-based, payments-as-a-service enterprise platform that simplifies the way businesses access the global payments ecosystem....
AXA Partners with Hong Kong Broadband Network to Offer Homeowners Insurance June 22, 2021 Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an “All-in-One Home Kit,” complete with fiber broadband service and...
Generali Agrees to Buy AXA’s Malaysian P/C and Life Insurance Units June 22, 2021 MILAN/PARIS/KUALA LUMPUR – Italy’s top insurer Generali has agreed to buy AXA’s insurance assets in Malaysia and take full ownership...
Sri Lanka Ship Disaster Causes ‘Significant Damage to the Planet’: UN June 21, 2021 By Bharatha Mallawarachi COLOMBO, Sri Lanka – The UN representative in Sri Lanka said the sinking of a container ship that caught fire...
CFC Underwriting’s Lloyd’s Syndicate Opens for Trading June 21, 2021 CFC, the London-based managing general agent, announced that CFC Syndicate 1988 is open for business. In addition to risk capital...